Baird raised the firm’s price target on Centuri (CTRI) to $21 from $19 and keeps an Outperform rating on the shares. The firm said the earnings missed with guidance maintained, buoyed by storm restoration efforts, which the firm previously hoped would be additive.
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Read More on CTRI:
- Centuri Holdings Reports Q3 2024 Financial Results
- Centuri backs FY24 revenue view $2.5B-$2.7B, consensus $2.6B
- Centuri reports Q3 EPS 6c, consensus 30c
- Centuri Holdings Welcomes New CEO Christian Brown
- Centuri apponts Chris Brown as President and CEO
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